San Diego, CA -- (SBWIRE) -- 10/14/2014 -- An investigation on behalf of investors, who purchased shares of Rocket Fuel Inc (NASDAQ:FUEL) on January 31, 2014, was announced concerning potential securities laws violations in connection with the secondary offering by Rocket Fuel Inc.

Investors who are current long term investors in Rocket Fuel Inc (NASDAQ:FUEL) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focues on potential violations of Federal Seucirites Laws in connection with secondary offering on January 31, 2014. Rocket Fuel went public in September 2013. In January 2014 Rocket Fuel announced the pricing for its secondary offering.

In September 2014 a lawsuit was filed against Rocket Fuel over alleged Securities Laws Violations in connection with certain allegedly false and misleading statements made between September 20, 2013 and August 5, 2014. The plaintiff alleges that that Rocket Fuel allegedly failed to inform investors that defendants' alleged misrepresentations between September 20, 2013 and August 5, 2014 concerning the Company's then financial and business condition, including its forecasted financial and business condition as alleged herein, were each allegedly materially false and misleading when made because defendants knew, or were reckless in not knowing, that a large percentage of the ads Rocket Fuel Inc brokered were being "viewed" by automated fraudulent computer programs, rather than real people, such that the Company's operations and financial performance were in jeopardy, that between September 20, 2013 and August 5, 2014, Rocket Fuel's revenue growth was negatively impacted due to its inability to identify and eliminate bot traffic for its customers, that no later than the beginning of February 2014, the Company knew that it would miss Wall Street consensus estimates for the quarter due to, among other things, customer concern about inventory quality, and that the Secondary Offering was designed to enable Company insiders to unload their shares at artificially inflated prices.

On August 5, 2014, Rocket Fuel Inc announced its second quarter 2014 financial results. Among other things, Rocket Fuel Inc lowered its full year guidance. Rocket Fuel Inc announced that it expected 2014 revenue of $403 million to $427 million, down from its forecast of $420 million to $435 million. Shares of Rocket Fuel Inc (NASDAQ:FUEL) declined from $26.84 per share on August 5, 2014, to $16.50 per share on August 8, 2014 and continued to decline to as low as $14.29 per share on August 22, 2014.

On October 10, 2014, NASDAQ:FUEL shares closed at $16.96 per share.

Those who purchased shares of Rocket Fuel Inc have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com